Bollinger Squeeze 2 is a variation of the Bollinger Squeeze indicator.Besides the BollingerBands and the KeltnerChannel in the Bollinger Squeeze 2 the Momentum and Exponential Moving Average indicators are used.
The indicator view in the chart.
The indicator has the following parameters:
Bollinger bands
Period - period of the Bollinger Bands indicator.
Channel width - setting of the Bollinger Bands channel width.
Keltner Channel
Period - period of the KeltnerChannel indicator.
Offset multiplier - set a coefficient, which changes the Keltner channel width.
Momentum
Period - period of the Momentum indicator.
Exponential moving average - period of the EMA indicator for the Momentum indicator.
Common
Source - setting of the indicator calculation parameters:
- Open
- High
- Low
- Close
- Volume
Drawing
Panel - selection of the indicator location in the chart:
- New panel
- Chart
HighRatio,LowRatio
Show value - display of the indicator value on the price scale.
Show zero values - display of zero values.
Scale/Auto-scaling - if this option is on, the scale will be automatically calculated, based on the minimum and maximum indicator values, so that the indicator would fit in the chart.
Color
Visual type - visual setting of the indicator display in the chart:
- Line
- Histogram
- Hash
- Block
- Cross
- Square
- Dots
- Up arrow
- Down arrow
- Axis label
- Hide
Line style - setting of the line display style:
- Dot
- Solid
- Dash
- Dash - dot
- Dash - dot - dot
Width - setting of the indicator line width.
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